Main Street Registry

The Original Electrician

Sarasota, FL · Electrical Contractors and Other Wiring Installation Contractors · NAICS 238210

The Original Electrician is located in Sarasota, FL, and the SBA lists its industry as Electrical Contractors and Other Wiring Installation Contractors. It was approved for an SBA 7(a) loan of $935,100 for a change of ownership on January 16, 2026.

SBA 7(a) loan, change of ownership, approved Jan 16, 2026

Gross approval
$935,100
SBA-guaranteed amount
$701,325 (75% of the approval)
Lender
The Bancorp Bank National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
10 years (120 months)
Estimated maturity
January 16, 2036 (estimated, approval date plus term)
Estimated monthly payment
$11,469 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 23, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
238210, Electrical Contractors and Other Wiring Installation Contractors
Project location
Sarasota County, FL
SBA district office
South Florida District Office
Congressional district
FL-16
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Florida